Country a and Country B Happen to Have the Same

question 52

Multiple Choice

Country A and Country B happen to have the same GDP per capita.The standard of living is said to be higher in Country A than in Country B.This could be because ________.

• A) the workforce in Country A is relatively bigger
• B) productivity is relatively greater in Country A
• C) the same goods and services are relatively more costly in Country A
• D) high income disparity in Country B prevents its GDP per capita from giving a full picture of the well-being of its people

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Definitions:

Employee Paychecks

refer to the regular payments made by employers to their employees for the work performed during a specific period.

Decertification Elections

A voting process where workers decide whether to remove the representation of a labor union in their workplace.

Challenges Union

Represents efforts or hurdles that labor unions face, which could include organizing, legal challenges, or opposition from companies and governmental entities.

Strikes

The act of halting work by a group of employees as a form of protest to demand changes from their employer, typically regarding wages, working conditions, or benefits.